Komfort Group announces large investment budget and new factory

Szczecin Komfort Group is planning to spend around zl. 110 million this year on development and says it is changing its sales strategy for its 100 strong shop network offering house fixtures and materials. "This year we want to op en 12 new stores at the cost of zl. 30 million. On top of that we are planni ng to spend zl. 12 million on our advertising campaign, said Romuald Stachow iak, the president of the Komfort group." A further zl. 30 million investmen t is planned in the Gdansk conurbation where Invest Komfort developer is goi ng to construct an apartment building with 400 flats. In a foray into a broa der market, Komfort group member Porta door producer is gearing up to launch a new euro 7 million factory in Bulgaria later this year. The group net prof it in 2002 was zl. 36 million. (Puls Biznesu, p. 8) J.K.